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Investment Highlights

  • Located in the Malasaña area
  • Area of influx of potential customers
  • Investor opportunity

Executive Summary

Residential building with 5 above-ground floors in Madrid. Located in an area with good transportation links and a wide variety of businesses and services nearby.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Puerta A
  • 6,156 SF
  • Retail
  • $1,151,204 ($187.01/SF)
  • -
Sale Type Investment or Owner User
APN/Parcel ID 0251924VK4705A0029JB
Description
Commercial space of 572 m2 built in Madrid.
Sale Notes
Ref.: GIRE-611002

Commercial space of 572 sq. meters available for sale, encompassing two registered properties. Located at street level, the property features two access points: one from Pizarro Street and another from the building's main entrance.

Inside, the space is divided into two sections: a ground floor of 500 sq. meters, which includes five areas with natural light and ventilation through windows facing the exterior and the courtyard; and a basement of 72 sq. meters, which consists of an open-plan area and a full bathroom.

Situated in the heart of Malasaña, the property is bordered by Princesa, Gran Vía, Fuencarral, Carranza, and Alberto Aguilera streets, ensuring high foot and vehicle traffic. It offers easy access from the M-30 highway and is close to the Noviciado, Santo Domingo, and San Bernardo Metro stations, as well as various bus lines. The area is surrounded by services and other businesses.
Unit Unit Size Condo Use Price NOI
Unit Puerta A 6,156 SF Retail $1,151,204 ($187.01/SF) -

Unit Puerta A

Unit Size
6,156 SF
Condo Use
Retail
Price
$1,151,204 ($187.01/SF)
NOI
-

Unit Puerta A

Unit Size 6,156 SF
Condo Use Retail
Price $1,151,204 ($187.01/SF)
NOI -
Sale Type Investment or Owner User
APN/Parcel ID 0251924VK4705A0029JB
Description
Commercial space of 572 m2 built in Madrid.</li></ul>
Sale Notes
Ref.: GIRE-611002<br> <br> Commercial space of 572 sq. meters available for sale, encompassing two registered properties. Located at street level, the property features two access points: one from Pizarro Street and another from the building&#39;s main entrance.<br> <br> Inside, the space is divided into two sections: a ground floor of 500 sq. meters, which includes five areas with natural light and ventilation through windows facing the exterior and the courtyard; and a basement of 72 sq. meters, which consists of an open-plan area and a full bathroom.<br> <br> Situated in the heart of Malasa&#241;a, the property is bordered by Princesa, Gran V&#237;a, Fuencarral, Carranza, and Alberto Aguilera streets, ensuring high foot and vehicle traffic. It offers easy access from the M-30 highway and is close to the Noviciado, Santo Domingo, and San Bernardo Metro stations, as well as various bus lines. The area is surrounded by services and other businesses.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 28,643 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 5
Typical Floor Size 5,726 SF
Year Built 1910
Lot Size 0.14 AC

Amenities

  • Bus Line

Site Amenities

  • Close to Public Transportation
  • Listing ID: 28660976

  • Date on Market: 3/18/2020

  • Last Updated:

  • Address: Calle Pizarro, 14, Centro, Madrid 28004

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